Operational Plan: Mistakes to Avoid

Here are some of the most common mistakes found in the operational section of business plans:

• Failing to clearly outline the process by which you manufacture, distribute and sell your product or service.
• Failing to account for all production costs (direct and indirect).
• Failing to assess the manufacturing process in terms of manufacturing costs, taxes, shipping, installation, maintenance, serviceability, etc.
• Failing to develop adequate inventory control and quality assurance guidelines.
• Failing to identify all machinery and equipment needed.
• Failing to properly plan the layout of the plant, the workflow process, and the material handling procedures.
• Failing to properly outline personnel management, scheduling, and hiring practices.
• Failing to properly plan for contingencies to meet production and staffing challenges.
• Failing to plan for long-term facility and equipment changes.